Lekoil Provides Strategic Investment and Structuring update

Source: www.gulfoilandgas.com 3/3/2022, Location: Africa

LEKOI, the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes the announcement from Lekoil Nigeria Limited of 2 March 2022 concerning Mr. Olalekan Akinyanmi ex parte interim injunction in the Grand Court of the Cayman Islands to restrain the issue of shares by the Company. The Company is awaiting the final terms of the order so it can assess its position and notes that the application was made, and the order was granted, without the Company having the opportunity to state its position. Further announcements will be made as appropriate.


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